Porsche Automobile Holding: H1 SOTP and Discount to NAV
My updated SOTP shows that the shares of Porsche SE are trading at a still massive 44.9% discount to NAV. The discount has come down from 50.8% on...
784 Views
Liquid Universe of European Ordinary and Preferred Shares: Augustâ23 Report
Since mid-July, spreads have not followed a clear pattern across the European liquid universe of ordinary and preferred shares (9 have tightened, 9...
385 Views
Selected European HoldCos and DLC: Mayâ23 Report
Discounts to NAV of covered holdcos have generally tightened during May. The discount to NAV of GBL has reached a very high level, in my view. That...
433 Views
Selected European HoldCos and DLC: Aprilâ23 Report
Discounts to Net Asset Value of covered holdcos generally tightened during April, although some remained at the same levels. Rio DLC tightened.
438 Views
Selected European HoldCos and DLC: March'23 Report
Discounts to NAV of covered holdcos have shown mixed performance during March, with spreads sharply widening until short after the UBS/CS deal, now...
492 Views